The Night & Day Guitar company is a manufacturer of custom guitars. The selling price for...

 

Transcribed Image Text:

The Night & Day Guitar company is a manufacturer of custom guitars. The selling price for one of their guitars is $991 with direct materials and direct labor costing $215 and $371 per guitar respectively. The fixed manufacturing costs for the Night & Day Guitar company are $8254 and the variable overhead is $46 per unit. The fixed and variable selling expenses are $1674 and $69 per guitar respectively. The variable shipping costs per guitar are $113. Remaining fixed period costs are $1402. During the period, Night and Day sold 100 guitars. What is the total contribution margin for the Night and Day Company during the period? Answer to the whole dollar. The Night & Day Guitar company is a manufacturer of custom guitars. The selling price for one of their guitars is $991 with direct materials and direct labor costing $215 and $371 per guitar respectively. The fixed manufacturing costs for the Night & Day Guitar company are $8254 and the variable overhead is $46 per unit. The fixed and variable selling expenses are $1674 and $69 per guitar respectively. The variable shipping costs per guitar are $113. Remaining fixed period costs are $1402. During the period, Night and Day sold 100 guitars. What is the total contribution margin for the Night and Day Company during the period? Answer to the whole dollar.

Answer rating: 100% (QA)

Per Unit Total Sales Revenue 991 99100 Variable Expenses ... View the full answer